Take the rest of the week off, that my advise to all small traders like myself as this roll takes place. their will be alot of short and quick spikes up and down today as larger players unwind and move into the forward contract. Ciao!
There is not a set time when they roll over, on thursday (if it is the same as the Nasdaq) dec becomes the "front month," the contract you should be trading. It is basically the last day you can get out of your sept positions. You should learn how futures contracts are priced, especially if you plan on trading them. Sept and dec will never come together, why would they?
I can't see much difference this week. You are on the old contract, so perhaps changing to December might help.
EVERYDAY IS A BEAUTIFUL TRADING DAY.....UP DOWN SIDEWAYS ....ALL TRADABLE....WHEN U LOOK AT SHORT CHARTS U DON'T SEE REALITY EXCEPT THRU THE REAR VIEW MIRROR....WOULDA COULDA SHOULDA.............ALL IN THE SAME BOX TRADING WILL KEEP U FROM THE 5% CLUB.........
I meant Dow value not YM value. Just made some money going long at 641 (dec). more opportunities developing.....
There is only one day difference between Dec and Sept contracts. And the point difference is 40 pts. Isn't that a bit too much for just one day difference? Could it be due to people selling to get out of Sept. which causes it to decline in value, while Dec. goes up due to accumulation?
2 min 5 min are great.....I like the fast moves....the quicker the better ........anything slower bores me to tears....no thrill...no trade.....